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Probability Judgment Error and Speculation in Laboratory Asset Market Bubbles
16 references·14 citing·29 second hop
Probability Judgment Error and Speculation in Laboratory Asset Market Bubbles (2009)Probability Judgment Error and Speculatio…Individual Decision Making (2020)Individual Decision MakingStocks as Lotteries: The Implications of Probability Weighting for Security Prices (2008)Stocks as Lotteries: The Impl…The Effect of Short Selling on Bubbles and Crashes in Experimental Spot Asset Markets (2006)The Effect of Short Selling o…Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality (2001)Nonspeculative Bubbles in Exp…The Handbook of Experimental Economics (1995)The Handbook of Experimental …The Handbook of experimental economics (1995)The Handbook of experimental …8. Individual Decision Making (1995)8. Individual Decision MakingNonlinear dynamics and evolutionary economics (1993)Nonlinear dynamics and evolut…Experimental Economics (1993)Experimental EconomicsAdvances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1991)Bubbles, Crashes, and Endogen…Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice (1990)Gambling with the House Money…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1988)Bubbles, Crashes, and Endogen…Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries (1988)Anomalies: Parimutuel Betting…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Pricing skewed assets in multi-asset experimental markets (2025)Pricing skewed assets in mult…Pricing Indefinitely Lived Assets: Experimental Evidence (2024)Pricing Indefinitely Lived As…How Markets Shape Prices for Skewed Assets: Price Reversal in Multi-Assets Experimental Markets (2023)How Markets Shape Prices for …Experimental Asset Markets with An Indefinite Horizon (2019)Experimental Asset Markets wi…A Test of the Modigliani‐Miller Invariance Theorem and Arbitrage in Experimental Asset Markets (2018)A Test of the Modigliani‐Mill…Price bubbles, gender, and expectations in experimental asset markets (2017)Price bubbles, gender, and ex…Overconfidence and Bubbles in Experimental Asset Markets (2016)Overconfidence and Bubbles in…Experimental asset markets: A survey of recent developments (2016)Experimental asset markets: A…Is financial instability male-driven? Gender and cognitive skills in experimental asset markets (2015)Is financial instability male…GIMS—Software for asset market experiments (2015)GIMS—Software for asset marke…A REVIEW OF BUBBLES AND CRASHES IN EXPERIMENTAL ASSET MARKETS (2013)A REVIEW OF BUBBLES AND CRASH…Relative performance information in asset markets: An experimental approach (2012)Relative performance informat…Irrationality and beliefs in a laboratory asset market: Is it me or is it you? (2012)Irrationality and beliefs in …Irrational Diversification: An Examination of the Portfolio Construction Decision (2009)Irrational Diversification: A…Judgment under Uncertainty: Heuristics and Biases (1975)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)A perspective on judgment and choice: Mapping bounded rationality. (2003)Risk, Ambiguity, and the Savage Axioms (1961)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Collective Action and the Evolution of Social Norms (2000)ERC: A Theory of Equity, Reciprocity, and Competition (2000)Evolutionary games on graphs (2007)Mental accounting matters (1999)Experimental Tests of the Endowment Effect and the Coase Theorem (2000)Mental Accounting and Consumer Choice (2008)Expected Idiosyncratic Skewness (2009)Maxing out: Stocks as lotteries and the cross-section of expected returns (2010)Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle (2015)Positive Feedback Investment Strategies and Destabilizing Rational Speculation (1990)From Efficient Markets Theory to Behavioral Finance (2003)Field Experiments (2004)Cultural group selection, coevolutionary processes and large-scale cooperation (2003)The Paranoid Optimist: An Integrative Evolutionary Model of Cognitive Biases (2006)Experimenter demand effects in economic experiments (2009)Are people conditionally cooperative? Evidence from a public goods experiment (2001)A theory of reciprocity (2005)Investor Psychology and Asset Pricing (2001)Chapter 18 A survey of behavioral finance (2003)Overconfidence and Speculative Bubbles (2003)
this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1995The Handbook of experimental economics3,678 cited
  • 1990Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice2,378 cited
  • 1995The Handbook of Experimental Economics2,053 cited
  • 2008Stocks as Lotteries: The Implications of Probability Weighting for Security Prices1,548 cited
  • 1988Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets1,269 cited
  • 1993Experimental Economics1,010 cited
  • 2020Individual Decision Making991 cited
  • 1991Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets916 cited
  • 1988Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries621 cited
  • 19958. Individual Decision Making510 cited
  • 2001Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality507 cited
  • 1993Nonlinear dynamics and evolutionary economics349 cited

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  • 2006The Effect of Short Selling on Bubbles and Crashes in Experimental Spot Asset Markets341 cited
  • Cited by

    • 2013A REVIEW OF BUBBLES AND CRASHES IN EXPERIMENTAL ASSET MARKETS274 cited
    • 2016Experimental asset markets: A survey of recent developments75 cited
    • 2015Is financial instability male-driven? Gender and cognitive skills in experimental asset markets71 cited
    • 2016Overconfidence and Bubbles in Experimental Asset Markets68 cited
    • 2017Price bubbles, gender, and expectations in experimental asset markets59 cited
    • 2015GIMS—Software for asset market experiments45 cited
    • 2012Relative performance information in asset markets: An experimental approach44 cited
    • 2018A Test of the Modigliani‐Miller Invariance Theorem and Arbitrage in Experimental Asset Markets42 cited
    • 2012Irrationality and beliefs in a laboratory asset market: Is it me or is it you?11 cited
    • 2019Experimental Asset Markets with An Indefinite Horizon7 cited
    • 2009Irrational Diversification: An Examination of the Portfolio Construction Decision6 cited
    • 2024Pricing Indefinitely Lived Assets: Experimental Evidence3 cited
    • 2025Pricing skewed assets in multi-asset experimental markets1 cited
    • 2023How Markets Shape Prices for Skewed Assets: Price Reversal in Multi-Assets Experimental Markets1 cited